Glossary
Custodial
Also written or said as: custodial wallet, custody, exchange wallet
A company holds the keys to your crypto for you, the way an exchange does.
It is easy: you can reset a password and call support. The company can also freeze your withdrawals, and if it fails, your coins may go down with it. Many people buy on a custodial exchange and then withdraw to a self-custody wallet.
Learn it properly inWallets, addresses and keysStart here · 4 min readRelated words
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.